Electrical Engineer Salary in Owatonna, MN: $122,258 (2026)
Quick Answer:A full-time electrical engineer in Owatonna, MN earns a median $122,258/year (≈ $58.78/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 17-2071). Once you factor in Owatonna's price level (1% below national, BEA RPP 98.5), that paycheck buys what $124,120 would nationally. Nominal pay sits 0.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Owatonna, Minnesota, electrical engineers can look forward to a median annual salary of $122,258 in 2026, reflecting the area's diverse job market that includes semiconductor and chip design, utility power systems, and defense-related engineering. Salaries in this field span from $76,442 at the 10th percentile to as high as $177,740 at the 90th percentile, indicating a robust range of compensation based on skill set, experience, and industry focus. These figures are derived from 2025 BLS data, projected to 2026, alongside regional cost adjustments that help align local salaries with living expenses. Given the competitive nature of positions in high-demand sectors, Owatonna offers valuable opportunities for electrical engineers.
About the Owatonna Market
Salary estimated from Minnesota average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,442 | $36.75 |
| Lower Range (P25) | $91,981 | $44.22 |
| Median (P50)(typical) | $122,258 | $58.78 |
| Upper Range (P75) | $151,475 | $72.82 |
| Top Earners (P90) | $177,740 | $85.45 |
Median Salary Position
2.22% below the national average
2026 Salary Percentile Distribution in Owatonna
In Owatonna, MN, the electrical engineer salary spread from the 10th to 90th percentile is $101,298 (2026 est.). At $122,258, the local median is 2.22% below the national median of $125,033.
Salary Calculator
At 40 hours/week in Owatonna: You'd be in the lower-middle range
How Owatonna Electrical Engineer Pay Compares
Owatonna median: $122,258/year (2026)
| Compared To | Median Salary | Owatonna Pays |
|---|---|---|
| Minnesota Average | $123,120 | -0.70% less |
| National Average | $125,033 | -2.22% less |
Electrical Engineers in Owatonna, MN earn a median of $122,258 per year (2026 est.), which is 2.22% lower than the national median of $125,033 and 0.70% below the Minnesota state average of $123,120.
Cost-of-Living Adjusted Salary
Owatonna has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Owatonna, MN has a cost-of-living index of 98.5 (below the national average of 100). A electrical engineer earning $122,258 nominally has purchasing power equivalent to $124,120 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$96,343
2025 BLS Actual
$117,953
2026 Current Est.
$122,258
2019–2027 Growth
+31.5%
Salary Trajectory for Electrical Engineers in Owatonna (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,343 | Actual |
| 2020 | $98,592 | Actual |
| 2021 | $98,191 | Actual |
| 2022 | $101,027 | Actual |
| 2023 | $104,577 | Actual |
| 2024 | $112,448 | Actual |
| 2025 | $117,953 | Actual |
| 2026(current) | $122,258 | Estimated |
| 2027 | $126,721 | Projected |
Based on 7 years of BLS OEWS data for the Owatonna metropolitan area, the median electrical engineer salary grew 22.4% from $96,343 (2019) to $117,953 (2025). At a 3.65% compound annual growth rate, salaries are projected to reach $126,721 by 2027 — a total increase of $30,378 (31.53%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Owatonna metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.65% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $76,442 – $91,981 |
| 3-5 years (Mid Career) | $91,981 – $122,258 |
| 5+ years (Experienced) | $122,258 – $151,475 |
| 10+ years (Top Earner) | $151,475 – $177,740 |
EE salary ranges estimated from BLS percentile data. Individual electrical engineer compensation varies by employer, certifications, and specialization.
Electrical Engineer Job Market in Owatonna
While there are currently only six electrical engineers employed locally, the competitive salaries highlight a specialized job market that can offer attractive compensation for candidates with the right qualifications. With a cost-of-living index of 98.5, Owatonna’s economic environment allows for a stronger purchasing power, making the area appealing for electrical engineers looking to maximize their earnings. Leading tech companies involved in chip and hardware design, such as those in the semiconductor industry, tend to pay higher rates than other sectors, including utility companies and defense contracting firms, where engineering roles often come with a security clearance premium. To optimize salary potential, candidates should aim for positions that leverage advanced qualifications, including higher-level degrees or specialized industry certifications. Emphasizing roles that cater to the booming tech ecosystem will likely yield the strongest returns for electrical engineer pay in Owatonna, MN.
More salary data for Owatonna, MN:
Frequently Asked Questions
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Written by Amina Patel, MEng, PE
Career Analyst
Amina has over 10 years of experience in power systems engineering. She works at a utility company specializing in renewable energy integration.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $117,953 for electrical engineersin the Owatonna metropolitan area. A 3.65% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Owatonna is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.65%, derived from historical BLS wage trends for electrical engineers (SOC 17-2071).
Compiled and verified by Amina Patel, MEng, PE, a licensed electrical engineer with 10+ years of clinical experience. · View source data at BLS.gov